August 13, 2012 Bottom falls out of jade market While the jade market in China is a fraction of its overall jewellery trade, the collapse in the value of the stone could indicate tough times for other markets like…
August 13, 2012 Botswana’s Okavango diamond announces interim board Okavango Diamond Company (ODC), the new diamond trading enterprise owned by the Botswana government, today (Monday) announced its interim board with Toby Frears as its first managing director.
August 12, 2012 South Africa’s third wealthiest man owes the taxman $250 million South Africa’s third wealthiest man and mining entrepreneur, billionaire Christoffel Wiese, it is said to owe the country’s revenue agency (Sars) an estimated $250 million (R$2 billion) in unpaid taxes.
August 12, 2012 Israel’s diamond trade suffers double digit declines in July Israel's net polished diamond exports were revived in July when compared to June, up 154.9% to $237.3 million. The increase hides however, a bitter truth – the country's exports are…
August 11, 2012 Lucara to sell less diamonds than projected from its Botswana mine Canada’s Lucara Diamonds (TSX:LUC) shares went down over 3% on Friday after the company said it expected to sell 23% less diamonds this year from its flagship Karowe mine, in…
August 10, 2012 Russia drafts a bill to woo foreign investors Russian gold reserves represents roughly 10% of the world's total supply. However, foreign companies are leery to move into a country that regulates gold reserves over 50 tonnes to be…
August 8, 2012 Gunmen attack airport in Congo mining hub Unidentified gunmen attacked the airport in the Congolese mining town of Lubumbashi early on Wednesday, killing at least one soldier, but government forces repelled the offensive after several hours of…
August 8, 2012 Debut announces phase one exploration program at Nakina project The Ontario-based Nakina project covers a total of 85 mining claims, where Debut holds a 100% interest in 57 of the claims and has an option to earn a 70%…
August 7, 2012 Octéa Diamond Group launched at Koidu diamond mine Mining company Octéa Diamond Group, a private company owned by Beny Steinmetz Group (BSGR), was officially launched at a gala event at the group’s flagship Koidu diamond mine, in Sierra…
August 7, 2012 1,500 Zimbabwean diamond miners sacked for striking Over 1,500 diamond miners in Zimbabwe have been sacked following a strike for higher pay. Many of the workers have report serious sexual assaults by the bosses.
Disruption and dislocation: LME metals’ year in seven charts Supply disruption and tariff dislocation have defined the London Metal Exchange base metals complex this year. December 23, 2025 | 07:58 am
